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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online
NFLX 1,119+2.7%Oct 31 9:30 AM EST

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To: Ron who wrote (2509)8/26/2018 10:40:04 AM
From: Cautious_Optimist1 Recommendation

Recommended By
Ron

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Something I learned in my travels is that markets work better when they compete to serve customers. For example, ubiquitous diverse street markets and in the developing world.

The media complex, like the concentrated telecom world, is about corporate copycats and price scalping. Imperfect collusion promoted by deep-pocket local and national lobbyists. With friends like Ajit Pai...

One day a new disrupter may come along and offer a better value proposition for consumers. The barriers will not be capital or technology, they will be the fatcats at the trough who play the keep-away game rather than compete.

JMHO
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